Transcript

Washington, D.C. — CFTC Commissioner Summer K. Mersinger, sponsor of the Energy and Environmental Markets Advisory Committee (EEMAC), announced the EEMAC will hold a public meeting from 9:30 a.m. to 3:00 p.m. (CT) on Tuesday, February 28 in Nashville, Tennessee at the Nashville Public Library. Members of the public may also attend the meeting virtually and if space permits, in person.

At this meeting, the EEMAC will focus on electricity. The EEMAC will study CFTC-regulated metals markets and how those markets could grow and may experience stress due to increases in electric vehicle production. The EEMAC will also examine Financial Transmission Rights (FTRs) and how electrification and increased renewable and intermittent energy production could affect the electric grid and the FTR market. A formal agenda will be announced before the meeting. The meeting agenda may change to accommodate other EEMAC priorities. For agenda updates and more information about this advisory committee, including its members, please visit EEMAC at cftc.gov.

“After our successful first meeting in Stillwater, Oklahoma, and on the heels of establishing two EEMAC subcommittees that will study physical energy infrastructure and the metals market, I am excited to host our second meeting in Nashville, Tennessee,” said Commissioner Mersinger. “I look forward to a substantive discussion of some of the effects electrification could have on CFTC-regulated markets and how those markets, in turn, could affect American consumers. As energy production and use changes, derivatives markets must continue to play a critical role in helping meet the need for risk management, price discovery, and the physical delivery of the energy that powers our economy.”

Seating for the public may be limited due to the CDC’s COVID-19 Community Level, which may require facilitating physical distancing to avoid overcrowding and additional restrictions. Members of the public may also watch a live webcast or listen to the meeting via conference call using a domestic or international number to connect to a live, listen-only audio feed. People requiring special accommodations to attend the meeting because of a disability should notify Lauren Fulks, the EEMAC Secretary, at (816) 787-6297 or [email protected].

Viewing/Listening Instructions: To access the live meeting feed, use the dial-in numbers below or stream on cftc.gov. A live feed can also be streamed through the CFTC’s YouTube channel. Call-in participants should be prepared to provide their first name, last name, and affiliation, if applicable. Materials presented at the meeting, if any, will be made on cftc.gov.

Members of the public can submit written statements in connection with the meeting by March 3, 2023. Follow the instructions for submitting public comments through the Comments Online process on cftc.gov. If you are unable to submit comments online, contact Lauren Fulks, EEMAC Secretary, via the contact information above to discuss alternate means of submitting your comments. Any statements submitted in connection with the committee meeting will be made available to the public, including publication on cftc.gov. Written statements should have “Energy and Environmental Markets Advisory Committee” as the title on any such statement. 

There are five active Advisory Committees overseen by the CFTC. They were created to provide advice and recommendations to the Commission on a variety of regulatory and market issues that affect the integrity and competitiveness of U.S. markets. These Advisory Committees facilitate communication between the Commission and market participants, other regulators, and academics. The views, opinions, and information expressed by the Advisory Committees are solely those of the respective Advisory Committee and do not necessarily reflect the views of the Commission, its staff, or the U.S. government.